2036 NW 3rd St, Miami, FL 33125

About This Home

Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!

Property Details

Flooring

Tile

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Building & Association

Stories

2

Stories Total

2

Association

No

Lot & Construction

Lot Size Square Feet

5,120

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Flat Roof With Facade Front

New Construction

No

Public Records

Parcel Number

01-41-03-010-0130

Tax Annual Amount

$11,340

Zoning

5700

County Or Parish

Miami-Dade County

Location